Upside: it can be quite inexpensive. Downside: it can be quite cheap. Real estate investment is an enormously complex activity — far more complex, in fact, than any one investor can ever really wrap their minds around. That’s because property values are affected by a massive ecosystem of short-term events, long-term trends, mostly-permanent geographical features, […]
There are several goals you could renovate toward; make sure you’re pointing in the right direction! This isn’t an article about what to renovate — there are tons of those on the Internet, and we’ve even written a couple ourselves. This is an article about how to renovate: about changes you can make to the […]
The Answer Is Not ‘Find Buried Treasure Under It.’ Sorry. One of the often-repeated lessons in the thousands of “Property Investment for Beginners” websites, seminars, classes, and other material out there is the simple precept Don’t Invest in Low-Income Neighborhoods (or some variation on that theme.) But like every rule in life, there are exceptions […]
There’s Never Been a Better Time to Be a Property Owner in Detroit Just nine months ago, the news cycle around Detroit had several reports out assuring everyone that it was much better to buy a home in Detroit than it was to rent here. It put a tiny bit of a damper on the […]
The most important eyes you can get on the property you’re considering…are someone else’s. So, you’ve found a decent property in a decent neighborhood. You’ve run the numbers and determined that it will be profitable. You’ve even looked into the cost of repairs and decided that you can afford it. You’re ready to move forward […]
Even an otherwise-excellent investment property can become your Kryptonite if it needs too much work or you spend too much. We’re assuming by now that you’re reading this because you’re looking into becoming a real-estate tycoon and you want to know whether that rental investment you’ve got your eye on is likely to be worth […]
Americans are changing the way we think about the urban core…again. Since 2008, downtown office vacancies nationwide have increased to 12.4% — but suburban office vacancies are at a huge 16.6%. What’s going on? Well, there are a lot of theories, but the one that’s gaining the most traction is that the post-WWII migration toward […]